Working with a team‚ working for a team and working as a team are very different concepts. This distinction is the biggest lesson I learned from the simulation. A team may refer to a group of people but each member has a specific role to play. The idea of parts joining together to form a whole are analogous to the individual personalities‚ strengths and weaknesses each one brings to complete the team. In our group‚ the leader blended in with the roles of the other members. She would have been more
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Introduction Capstone is a business simulation designed to teach strategy‚ competitive analysis‚ finance‚ cross-functional alignment‚ and the selection of tactics to build a successful and focused company. In each round‚ we have to meet the buying criteria for our customers in each segment. We have five different products: Traditional Segment‚ Low-End Segment‚ High-End Segment‚ Performance Segment‚ and Size Segment. Each round is a year in the company’s life and decisions are made in research and
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TPG4160 Reservoir Simulation 2012 Lecture note 1 page 1 of 11 INTRODUCTION TO RESERVOIR SIMULATION Analytical and numerical solutions of simple one-dimensional‚ one-phase flow equations As an introduction to reservoir simulation‚ we will review the simplest one-dimensional flow equations for horizontal flow of one fluid‚ and look at analytical and numerical solutions of pressure as function of position and time. These equations are derived using the continuity equation‚ Darcy’s equation
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Simulation Paper Carlos Young SCI 362 January 3‚ 2013 Kenneth Rayford Simulation Paper In this simulation the issue that is brought up is the fact that a pharmaceutical company is making all sorts of medicines and health products. Their intention is to use the rainforests resources to make the products that is used to help people with their health from the medicines they create. This scenario has the issue of the rainforest being cut down but not kept up with when it comes to being replenished
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SIMULATION DEBRIEFING 1.Describe (a) the prioritization process and (b) the governance structure. The prioritization process involves the below steps‚ * Strategic goals and objectives * A clear articulation of the company’s overall strategy is created which includes the details of customer/market segments. * A distinctive advantage in products or services and the overall investment in R&D. a set of percentage of sales and the amount‚ which varies by industry and by
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Precision describes the closeness of results that have been obtained in exactly the same way while accuracy indicates the closeness of the measurement to its true value. This experiment was used to determine the accuracy and precision of different volumetric measuring devices‚ as well as determining the density of an unknown metal. This lab was to help understand the application to volumetric measurements. Part 1: First‚ the next-to-smallest beaker was cleaned‚ dried‚ and weighed on the scale
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Number A-7713 “Never shall I forget those flames which consumed my faith forever. […] Never shall I forget those moments which murdered my God and my soul and turned my dreams to dust. Never shall I forget these things‚ even if I am condemned to live as long as God Himself. Never” (Wiesel). This quote‚ taken from the book Night by Elie Wiesel‚ testifies to the concept of transformation for Eliezer‚ a Jewish teenager who was forced to experience the horrors of the Holocaust. Eliezer‚ when living
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In mathematics‚ a real number is a value that represents a quantity along a continuous line. The real numbers include all the rational numbers‚ such as the integer −5 and the fraction 4/3‚ and all the irrational numbers such as √2 (1.41421356... the square root of two‚ an irrational algebraic number) and π (3.14159265...‚ a transcendental number). Real numbers can be thought of as points on an infinitely long line called the number line or real line‚ where the points corresponding to integers are
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Assignment Simple Superstitions: Number “thirteen” One of the pseudoscientific claim for the Number “thirteenth” is that people think it is just a superstition when some people believe in it and some people don’t. Everyone has their own opinion and belief in particular things. The Number “thirteenth” is most likely known for its unlucky date‚ unlucky number‚ and its unlucky self. The Number “thirteenth” has so much history to it‚ to why it’s unlucky. People believe the number thirteenth is unlucky‚ and
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Overview Our company Orange experienced a very successful campaign and grew more profitable over the six quarters throughtout the Market Simulation. In terms of market share in comparison to the competition‚ we placed fourth holding 12 percent market share. We initially targeted the Mercedes market‚ and later developed products aimed at the Traveler and Workhorse clientele. In terms of profitability‚ we suffered a loss moving from Quarter 1 to Quarter 2‚ which is typical of most early-stage companies
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